* Plan expenditure in 2014-15 at Rs.5 lakh 55,322 crore; non-plan expenditure at Rs.12 lakh 7,892 crore.
* Fiscal deficit to be at 4.1 percne in 2014-15
* Duties cut to revive economy
* Excise on small cars/two-wheelers lowered to 8 percent, on SUVs to 24 percent, on large cars to 20 percent
* Blood banks exempted from service tax
* Research funding organisation to be created to promote scientific R&D
Also Read
* Rs.65,000 crore for fuel subsidies
* India's economy at 11th; aiming to be third
* Fiscal deficit at 3 percent
* PPP model to be increasingly viewed
* All taxes on exports to be waived for manufacturing sector
* Plan expenditure at Rs.5 lakh 55,322 crore in 2014-15
* Defence expenditure enhanced 10 percent to Rs.2 lakh 24,000 crore
* Budgetary support to railways at Rs.29,000 crore in 2014-15
* One rank one pension demand accepted; to be implemented with Rs.500 crore in 2014-15
* Two projects sanctioned under Nirbhaya Fund; original Rs.1,000 crore made non-lapsable; another Rs.1,000 crore granted
* Central assistance of Rs.3,38,562 lakh crore in 2014-15
* Construction underway for 50,000MW of conventional power
* Four solar generation plants of 500 MW each to be constructed in 2014-15
* Four solar generation plants of 500 MW each to be constructed in 2014-15
* Community radio to be promoted with Rs.100 crore
* Growth estimated in 2013-14 at 4.9 percent
* No policy paralysis
* 100 million jobs to be created in a decade
* 19 oil blocks allocated
* Seven new airports under construction
* WPI inflation at 5.05 percent in January
* Core inflation at 3 percent
* Food grain production in 2013-14 estimated at 263 million tonnes
* Exports estimated at $326 billion in current fiscal
* Over 29,000 MW of power capacity added during fiscal
* Challenges we face common to emerging economies
* India not unaffected by events in global economy
* Fiscal deficit at 4.6 percent
* Current account deficit at $45 billion
* Hope to add $15 billion to forex reserves
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
